3 Top Trends Driving the Real Estate Market in 2013 for Silver Spring and Takoma Park, Md

By
Real Estate Agent with Long & Foster Real Estate, Inc MD 82788 DC SP97220

2012 was a good year for the Silver Spring and Takoma Park, Maryland residential real estate markets.  There was improvement in every area, such as slightly higher sales prices and less days on the market. Now that were are 2 months in to  2013, there are three key trends that are driving our market.


1. Inventory is at an all-time low
. The available inventory in Silver Spring, Takoma Park and the rest of the DC Metro Region is not only at its lowest in seven years but also the lowest on record. Purchasers need to be prepared to move very quickly when they find a home they like.


2. Move-in ready makes a difference
. People living in the Washington, DC Metro Area tend to have very busy schedules, so they gravitate towards properties that have no deferred maintenance and include recent upgrades, especially new kitchens and bathrooms. For Sellers of property in Silver Spring and Takoma Park, making these investments to your home before listing, may increase your sale price.


3. Technology has changed everything
. Today's market moves very quickly. If you are selling your home, make sure to hire a broker who is using innovative technologies to expose your home locally, nationally and internationally in real-time. 

Posted by


If you are planning a move to or from the Silver Spring or Takoma Park, Maryland area, put my 30 years of local experience and expertise to work for you.  Licensed in Maryland and the District of Columbia. 

Call or email me at: 

DebbieCookRE@outlook.com  

Cell      (301) 233-8309            Debbie Cook - Silver Spring Takoma Real Estate
The Silver Bee Silver Spring Real Estate Blog
Home  (301) 587-3528

www.DebbieCook.net

 

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Maryland Montgomery County
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Tags:
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2013 real estate market trends silver spring and takoma park

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Rainmaker
698,797
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Inventory low all over the country.  Thats what everyone is writing about.  Buyers are getting cautious again, OH NO!!!!!

Mar 10, 2013 07:17 AM #1
Rainmaker
50,707
Katrina Rockel
The Rockel Group - Harrisburg, NC

Debbie, that is great for sellers! We are still in a very strong buyer's market with over 4100 homes on the market in Fayetteville, NC.

Mar 19, 2013 12:44 PM #2
Rainmaker
438,065
Debbie Cook
Long & Foster Real Estate, Inc - Silver Spring, MD
Silver Spring and Takoma Park Maryland Real Estate

Thanks for the comments - It seems every market is different in so many ways.

Mar 19, 2013 01:00 PM #3
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Rainmaker
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Debbie Cook

Silver Spring and Takoma Park Maryland Real Estate
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